🟢🚨 @DODO /USDT Trade Signal (1D Chart ) 🚨
🕒 Timeframe: Daily
📈 Pattern Formation: Triple Bottom
📍 Current Price: 0.1506USDT
📊 Key Resistance Levels:
• Immediate Resistance: 0.1550 USDT (already testing this area)
• Next Major Resistance: 0.2272 USDT
• Upper Target Resistance: 0.3240 USDT
📉 Support Levels:
• Support Zone: 0.10 USDT (area of multiple bounces from triple bottom)
🎯 Trade Setup:
• Buy Entry: Price has broken out of the triple bottom pattern and is retesting the 0.1550 USDT zone. If confirmed, this would be a bullish entry.
• Take Profit Targets:
• TP1: 0.2272 USDT (upper resistance level)
• TP2: 0.3240 USDT (long-term target from the breakout)
• Stop Loss: Set below the 0.10 USDT support zone to limit downside risk.
📈 Technical Overview:
• Triple Bottom Formation: A bullish reversal pattern formed over several months, indicating potential strong upward movement.
• Breakout Confirmation: Price is currently breaking out of the neckline at around 0.1550 USDT. If it holds above this level, it suggests bullish continuation.
• Momentum: Strong bullish volume spike shows increasing buying pressure, confirming upward breakout potential.
🔮 Expected Move:
The price is expected to rise towards 0.2272 USDT in the short term if the breakout sustains, followed by a potential move to 0.3240 USDT in the longer term, based on the measured move of the triple bottom pattern.
⚠️ Disclaimer:DYOR and NFA.
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